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Kingfisher Airlines Grounded By Strike  
User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Posted (2 years 2 months 3 weeks 3 days 16 hours ago) and read 4282 times:

http://in.reuters.com/article/2012/1...er-regulator-idINDEE89004E20121001

Employees are protesting non-payment of April salaries - yes, they haven't been paid in months...

DGCA (regulator) is investigating, may pull operating permit.

More details on their way.


Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
14 replies: All unread, jump to last
 
User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 1, posted (2 years 2 months 3 weeks 3 days 16 hours ago) and read 4177 times:

Kingfisher has stopped selling tickets for Tuesday's schedule.


Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offlinebennett123 From United Kingdom, joined Aug 2004, 7815 posts, RR: 3
Reply 2, posted (2 years 2 months 3 weeks 3 days 16 hours ago) and read 4177 times:

I notice that they are not currently operating flights "No Kingfisher flight is operating at the moment, Mishra added".

So presumably they are unable to sell tickets either.

Are there no laws in India that require companies to pay their bills, (including wages) at the agreed times.

Also, if they are not operating flights, (and are presumably, effectively grounded) how long can they keep their AOC?.


User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 3, posted (2 years 2 months 3 weeks 3 days 16 hours ago) and read 4137 times:

Quoting bennett123 (Reply 2):
Are there no laws in India that require companies to pay their bills, (including wages) at the agreed times.

There are laws, but there is no point to them - if IT can't pay their bills, they can't pay the fines either.

Quoting bennett123 (Reply 2):
Also, if they are not operating flights, (and are presumably, effectively grounded) how long can they keep their AOC?.

Depends on how fast that suitcase gets to the Minister's office  

I don't think Kingfisher will be able to stick it out much longer AOC or not - striking employees beat up an executive yesterday, among other things. I just hope nobody decides to interfere with maintenance.

Regardless, if an aircraft goes down, that will be the end of Kingfisher. Nobody would be willing to fly them...



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offlineCaliAtenza From United States of America, joined exactly 8 years ago today! , 1583 posts, RR: 0
Reply 4, posted (2 years 2 months 3 weeks 3 days 16 hours ago) and read 4126 times:

Well I think this is the end then....

User currently offlinelightsaber From United States of America, joined Jan 2005, 13549 posts, RR: 100
Reply 5, posted (2 years 2 months 3 weeks 3 days 15 hours ago) and read 3989 times:
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I feel for the IT employees. Show up at work for no pay or try to find another job in a poor economy. Most strike action I consider premature... This strike is one of the few where I scratch my head and go "why didn't they strike earlier?" Getting paid is a fundamental right in exchange for labor.

Personally, I think IT is done.

Talk about spin: Kingfisher has declared a temporary lockout:
http://www.hindustantimes.com/News-F...ut-till-Oct-4/Article1-938499.aspx

Now, they didn't say much, but if one isn't flying anyway...

I personally believe Kingfisher airlines is a Zombie company anyway. IT might fly another day... they might not. Either way, I simply do not see them surviving until the end of 2013. There is no expected profit, so why put money into the airline? Mallay won't as he likes his money. Nor will any foreign airline. IT is done. Whatever niche Kingfisher had has been eaten up by 9W, 6E, and Spicejet.

Quoting aeroblogger (Thread starter):
Employees are protesting non-payment of April salaries - yes, they haven't been paid in months...

Gasp...

April
May
June
July
August
September

Going six months without pay is harsh. Or did I assume wrong? Has IT made good other months pay?
Mr. Mallya should see the inside of a jail if the time was really that long without pay for his employees.

Lightsaber



Societies that achieve a critical mass of ideas achieve self sustaining growth; others stagnate.
User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 6, posted (2 years 2 months 3 weeks 3 days 12 hours ago) and read 3562 times:

Quoting lightsaber (Reply 5):
I feel for the IT employees. Show up at work for no pay or try to find another job in a poor economy. Most strike action I consider premature... This strike is one of the few where I scratch my head and go "why didn't they strike earlier?" Getting paid is a fundamental right in exchange for labor.

They have been striking on and off, but they've always stopped short of killing the company - they didn't want to lose the 6 paychecks they are still waiting on..

Quoting lightsaber (Reply 5):

Gasp...

April
May
June
July
August
September

Going six months without pay is harsh. Or did I assume wrong? Has IT made good other months pay?

Some workgroups haven't even recieved March pay.

Every paycheck since December has been delayed by at least 2 months.



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offlinegoacom From United States of America, joined Feb 2009, 98 posts, RR: 0
Reply 7, posted (2 years 2 months 3 weeks 3 days 10 hours ago) and read 3347 times:

IT is a dead airline flying. A senior exec (Partner) at one of the big 3 consulting companies told me that they have banned their staff from flying on IT and AI due to the on going problems .. kind of similar to what has happened with our company. IT is pretty much about to hit the ground while AI is just a few feet away, kept afloat by tax payer money.

User currently offlinetraindoc From United States of America, joined Mar 2008, 366 posts, RR: 0
Reply 8, posted (2 years 2 months 3 weeks 3 days 10 hours ago) and read 3299 times:

Kingfisher is toast! Spent yesterday with a good friend visitng from India. He said then (9/30) that they would not make due to all the iisues well presented here on A-net.

User currently offlineEagleBoy From Niue, joined Dec 2009, 1917 posts, RR: 2
Reply 9, posted (2 years 2 months 3 weeks 3 days 10 hours ago) and read 3250 times:
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Quoting lightsaber (Reply 5):
I feel for the IT employees. Show up at work for no pay or try to find another job in a poor economy. Most strike action I consider premature... This strike is one of the few where I scratch my head and go "why didn't they strike earlier?" Getting paid is a fundamental right in exchange for labor.

Yeah...shocking that the employees have been so loyal up to now.......1-2 months to save the company I can see as acceptable......more than that then the company is going down....stike or no strike.


User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 10, posted (2 years 2 months 3 weeks 3 days 9 hours ago) and read 3121 times:

Quoting EagleBoy (Reply 9):
Yeah...shocking that the employees have been so loyal up to now.......1-2 months to save the company I can see as acceptable......more than that then the company is going down....stike or no strike.

There is a very strong cultural stigma against unemployment - workers would rather go work for no pay than stay home and deal with the social effects.

There aren't many jobs open in aviation right now, so it's definitely a tough time. Startups like Air Costa have been inundated with applications recently.



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offlinebennett123 From United Kingdom, joined Aug 2004, 7815 posts, RR: 3
Reply 11, posted (2 years 2 months 3 weeks 2 days 14 hours ago) and read 2038 times:

http://www.bbc.co.uk/news/business-19796174

This sounds like good news for the staff. Just a pity that it was not done sooner.

Doubtless many families have experienced real hardship due to this delay.


User currently offlinetonyban From United States of America, joined Jun 2006, 345 posts, RR: 0
Reply 12, posted (2 years 2 months 3 weeks 2 days 14 hours ago) and read 2023 times:

Did I read this correctly ????

'The company said in a statement on Monday that "illegal acts" had been committed by a "small section of recalcitrant employees which were all unnecessary and unprovoked".

Illegal acts ? How about not paying staff for over 6-months. Is that not-illegal ? The only people I feel for is the staff who have not paid. What a horrible employer to work for.


User currently offlinesturmovik From India, joined May 2007, 515 posts, RR: 0
Reply 13, posted (2 years 2 months 3 weeks 2 days 12 hours ago) and read 1882 times:

http://www.youtube.com/watch?v=ZR6Cw_3q1Pg

I was watching this video the other day and it reminded me of the whole drama around kingfishers impending death.  
I suspect we haven't seen the end, yet.



'What's it doing now?'
User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 14, posted (2 years 2 months 3 weeks 2 days 11 hours ago) and read 1798 times:

Quoting bennett123 (Reply 11):
http://www.bbc.co.uk/news/business-19796174

This sounds like good news for the staff. Just a pity that it was not done sooner.

Doubtless many families have experienced real hardship due to this delay.

This is the 23rd time that Kingfisher has pledged to pay salaries in the recent future. I went back and counted.

Of those 22 times before, it only actually happened 3 times.



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
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